Halifax Nova Scotia Real Estate Glossary M
(Market Risk - Minimum Rated)
| A3 | A4 | B1
| B2 | B3 | C1
| C2 | C3 | D1
| D2 | E1 | E2
| F1 | F2 | F3
G1 | G2 | H1
| H2 | I1 | I2
| J | K | L1
| L2 | L3 | M1
| M2 | M3 | N
| O1 | O2
| P1 | P2 | Q
| R1 | R2 | S1
| S2 | T1 | T2
| U | V1 | V2
| W1 | W2 | X
| Y | Z
Uncertainty in the value of real estate due to market, economic, political
or other conditions.
The process of defining the socio-economic characteristics of the demand
for a specific property.
Study of real estate activities including demand, price, locational
influence and current trends.
Independently appraised value of real estate in a free competitive market.
The additional amount added to a bid or price and which contain overhead,
profit, excess costs, etc.
Deed filed by the developer or converter of a condominium for the purposes
of recording all of the individual condominium units owned within a
A controlling lease in an apartment or office building that controls
Document that describes, in narrative and with maps, an overall development
concept including both present property uses as well as future land
Master Planned Community
Development built according to a plan that includes commercial buildings,
educational facilities, homes and community facilities.
Problem in a specific property that could affect the property's value
Loan amount within 5 percent of the highest loan-to-value ratio allowable.
Urbanized area in and around a major city.
Ownership rights to the minerals or other precious resources, in one's
property. The privilege of gaining income from the sale of oil, gas,
and other valuable resources found on land.
Minimum Lot Area
The smallest lot area required or allowed for building under the municipal
Risk In insurance, charging the lowest rate accorded an insurance policy
covering a minimum risk classification situation.